Thursday, April 15, 2021
Tags Tencent WeChat

Tag: Tencent WeChat

Tencent’s Fintech Revenues See 30% YoY Leap in Second Quarter of 2020

Tencent's latest quarterly report reports to rising growth in fintech-related revenues despite the ongoing economic impacts of the COVID-19 pandemic.

Bank of Communications First to Integrate QR Codes with Tencent’s WeChat

One of China's big state-owned lenders has announced that it has become the first bank to integrate its QR codes with China...

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Chinese Central Bank Appoints 48 Year-old Deputy Mayor of Chongqing as New Deputy Governor

The People's Bank of China (PBOC) has just expanded its senior leadership cohort with the addition of a new deputy governor drawn...

Beijing Cracks Down on Local Finance Platforms, Demands “Peeling Away” of Government Funding Role, Bankruptcies for Insolvent Firms

The State Council of China has issued new regulations concerning the handling of local finance platforms in a bid to stymie their...

Chinese CPI Bounces Back into Positive Territory in March

China's consumer price index (CPI) resumed positive YoY growth in March, as the domestic economy continues to recover from the impacts of...

Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...